Take a look at this 17-unit multifamily property situated in the heart of Fayetteville, TN! This property is positioned just minutes from te Fayetteville square and is in close proximity to various banks, shopping centers, restaurants, and medical facilities. This complex consists of 6 buildings, featuring 10 studio apartments, 5 one-bedroom/one-bath units, and 2 two-bedroom/one-bath units. While the units were vacated for renovations, the owner has temporarily halted the process for personal reasons. This presents a remarkable opportunity for an investor to step in and complete the renovations, preparing the units to rent or sale. This purchase price allows any prospective buyer to gain instant equity, bring your offers!This rent to own home is a multi family property located in Fayetteville. It offers in size, beds and baths. Review its detailed information and determine if this Fayetteville rent to own has the qualities you are looking for.
Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.
Consumers Beware
Consumers should be aware of scams from people posing to be real estate
agents or landlords. So if you're looking to buy or rent make sure you take the
proper precautions.
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